Singapore Exchange Regulation (SGX RegCo)

Regulatory Action

SGX RegCo reprimands former directors and CEO of Sunrise Shares Holdings

Wong Siu Fai, Zheng Aimin, Tang An and Wang Ziquan and former CEO Liang Yongdong were reprimanded for breaching Catalist rules.

Regulatory Action

SGX RegCo lifts moratorium against UOB Kay Hian

In its Oct 17, SGX RegCo said that the brokerage has taken “remedial action” to strengthen its policies and procedures for IPO and RTO transactions.
ISCA, SGX RegCo launch mock sustainability report as guide for companies - THE EDGE SINGAPORE

Environmental, Social and Governance

ISCA, SGX RegCo launch mock sustainability report as guide for companies

The 62-page document aims to “provide clarity” to firms that are already reporting under the Global Reporting Initiative (GRI) standards on how also to adopt the ISSB’s standards.
SGX RegCo will require ISSB-aligned climate-related disclosures from all listed issuers starting FY2025 - THE EDGE SINGAPORE

Environmental, Social and Governance

SGX RegCo will require ISSB-aligned climate-related disclosures from all listed issuers starting FY2025

SGX RegCo will review issuers’ readiness before establishing the implementation roadmap for reporting Scope 3 emissions.

Environmental, Social and Governance

‘Huge momentum’ in Asia for ISSB adoption, says vice-chair of climate reporting standards body

More than 20 jurisdictions have already decided to use, or are taking steps to introduce, ISSB standards.

Singapore news

Briefs: SGX RegCo launches public consultations, funding for early-stage tech start-ups in Singapore up 59% y-o-y

In other news this week, Singapore's core inflation eased in March on lower food prices and cost of services.

Regulator's column

SGX RegCo requires large issuers to take lead to reduce AGM crunch

The peak period in which issuers schedule their AGMs is typically in the second half of April.

Company in the news

No Signboard Holdings shares to resume trading from March 15

Shares in No Signboard Holdings last traded at 3.1 cents before its trading suspension on Jan 24, 2022.

Global Economy

Briefs: Bitcoin surpasses US$60,000; large private companies must report annual climate-related disclosures

In other news, Hong Kong's Financial Secretary Paul Chan announced the scrap of property curbs this week.
SGX RegCo and REITAS remind US REIT unitholders to submit tax forms - THE EDGE SINGAPORE

REITs

SGX RegCo and REITAS remind US REIT unitholders to submit tax forms

The forms are to be submitted to their stockbrokers or nominee banks upon request.
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